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Friday, October 7, 2011

US Stocks Retreat, Euro Erases Gain as Fitch Cuts Italy, Spain

US Stocks Retreat, Euro Erases Gain as Fitch Cuts Italy, Spain By Michael P. Regan Oct. 7 (Bloomberg) -- US stocks fell, halting a three-day rally, and the euro erased earlier gains versus the dollar after Fitch Ratings downgraded the government debt of Spain and Italy. Treasuries retreated, pushing 10-year note ... US Stocks Retreat, Euro Erases Gain as Fitch Cuts Italy, Spain

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